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    Property profile & analytics

    200 High Rdg Dr, Unit 224 Sanford, NC 27330-9374

    • Residential income homes
    • 1,930 SF
    • 9.28 lot acres
    OFF-MARKET
    Value Estimation
    $15,980,000
    Last Sale
    Aug 16, 2023
    $15,000,000
    Location Intelligence
    Property ID
    US53-2509801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High Ridge Apartments / Apartment Building / Apartment Complex

    Property Details for 200 High Rdg Dr

    Year built
    1986
    Lot size
    9.28 lot acres
    Property size
    1,930 SF
    Zone code
    RESIDENTIAL 12,000 S/F
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    9642-07-3061-00
    APU
    964207306100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $16,315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $15,060,000
      6.5%
      $16,375,000
      7%
      $16,730,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,015,000
      Geo Method
      $13,985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,640,000
      Retail
      $13,005,000
      Mixed-Use
      $14,700,000
      Hospitality
      $15,800,000
      Educational
      $15,870,000
      Residential Income
      $15,295,000
      Energy
      $14,655,000
      Income-Based Land
      $17,080,000
      Food Service
      $16,585,000

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.2003
    Latitude
    35.4727
    CBSA code
    41820
    CBSA name
    SANFORD, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $742,400
    $7,699,300
    $8,441,700
    -
    $742,400
    $7,699,300
    $8,441,700

    Comparable in this City

    • Value Estimation
      $120,000
      4,050 SF

      310 Gulf St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,050 SF
      310 Gulf St, Sanford, NC 27330-3832
      View Details
    • Value Estimation
      $415,000
      3,075 SF

      340 Temple Ave, Unit 350

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,075 SF
      340 Temple Ave, Sanford, NC 27330-3653
      View Details
    • Value Estimation by Request
      16,532 SF

      400 Willow Oak Dr, Unit 602

      APARTMENT HOUSE (UNDER 5 UNITS) • 16,532 SF
      400 Willow Oak Dr, Sanford, NC 27330-5174
      View Details
    • Value Estimation by Request
      6,150 SF

      310 Temple Ave, Unit 336

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,150 SF
      310 Temple Ave, Sanford, NC 27330-3642
      View Details
    • Value Estimation
      $380,000
      2,504 SF

      1005 Gdn St, Unit 1112

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,504 SF
      1005 Gdn St, Sanford, NC 27330-5115
      View Details
    • Value Estimation by Request
      8,704 SF

      1008 Gdn St, Unit 1320

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,704 SF
      1008 Gdn St, Sanford, NC 27330-5116
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Sanford Retail Land Opportunity

      Prime Retail Land, Multiple Spaces Available
      1 Colon Rd & Us Hwy, Sanford, NC 27330
      View Details
    • Contact for pricing
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      Land for Lease in Sanford

      Prime land for lease with high visibility and easy access.
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    • $6 SF/Yr
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      Sanford Industrial Space For Lease

      Industrial spaces for lease with downtown Sanford access.
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      Sanford Flex Industrial Building Available

      25,754 SF flex industrial building for lease in Sanford, NC.
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      View Details
    • $9 SF/Yr
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      Sanford Warehouse with Fenced Storage

      16,000 SF warehouse with outside storage available Q4 2025.
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      View Details
    • Contact for pricing

      Retail Pad in Growing Area

      Retail pad available for lease in rapidly growing Tramway area.
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      View Details
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    Sanford, NC 27330-9374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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